21
Nov
16:48
Lake Resources says it has solved DLE dispute with Lilac Solutions
Australia-listed lithium explorer Lake Resources said Monday it has ended a dispute with US-based direct lithium extraction (DLE) partner Lilac Resources by amending their contract, Kallanish reports.
Under a pilot project agreement signed last year, Lilac would earn up to a 25% stake in Lake’s Kachi project in Argentina. For that, Lilac would have to complete at least 1,000 hours of operation of the pilot unit, or demonstration plant, and produce a lithium…
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